106Definitions

#### 106 Definitions 106 Definitions > In this Part— > > assign or assignment includes transfer, and a reference to the assignment of a right under a call option includes a reference to a transfer of the call option. > > call option means a right to require a person to sell dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction). > > put option means a right to require a person to purchase dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction). > > residential land has the same meaning as in Chapter 2A. > > **s 106:** Subst 2003 No 79, Sch 1 \[1\]. Rep 2004 No 96, Sch 1 \[3\]. Ins 2005 No 51, Sch 1 \[14\]. Am 2006 No 87, Sch 1 \[6\] \[7\]; 2016 No 32, Sch 1 \[16\].